Global Glass Fiber Reinforced Gypsum Market report examines the market status, development rate, and future patterns; drivers/restraints, openings and difficulties, dangers and section obstructions, deals all through by employing techniques such as SWOT analysis and Porter’s Five Forces Analysis. Global Glass Fiber Reinforced Gypsum Market report is comprehensive and opens the door of the international market for the products. This global market report offers research and consulting services focused on achieving competitive leverage, with acquiring and preserving market position as key aims of the program. The Global Glass Fiber Reinforced Gypsum Market report additionally highlights the dangers inside the market and furthermore the different development opportunities prevailing the market.
Major Market Competitors/Players:
Some of the major players operating in the market are-Continental, Georgia-Pacific, National Gypsum, Formglas Products Ltd, CERTAINTEED, FRBL, Knauf Danoline A/S, USG Corporation, ingchuang Building Technique（Shanghai）Co.Ltd., Horizons Industrial Development Co. L.L.C, CHIYODA UTE CO.,LTD, Saint – Gobain Gyproc India Ltd, Rapidwall, Stromberg Architectural, Metro-Goldwyn-Mayer Studios Inc, IntexForms, Inc among others
Market Analysis: Global Glass Fiber Reinforced Gypsum Market
The Global Glass Fiber Reinforced Gypsum Market is expected to reach USD 3.58 billion by 2025, from USD 2.30 billion in 2017 growing at a CAGR of 5.5% during the forecast period of 2018 to 2025.
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Glass fiber reinforced gypsum (GFRG) Panel is majorly branded as rapidwall, it is a building panel product that is made of calcined gypsum, plaster which is then reinforced with glass fibers, for Mass-scale building construction. GFRG is generally used for rapid techniques for timely delivery of construction projects by adopting fast methodologies and alternate building materials that are necessary in various regions around the globe, to make the construction affordable and also sustainable.
The construction technique done, by making use of glass fibre reinforced gypsum (GFRG) panels (with reinforced concrete infilled cavities) to build homes promises a altered solution for quick and affordable mass housing in different regions.
Major Market Drivers and Restraints:
- High-Quality Material and Rapid Construction
- Increase in Number of Construction Projects in Developed and Developing Economies
- Need for Eco-Friendly and Cost-Effective Construction Products
- Very Less Manufacturing Plants in the Developing Countries
- Difficulty in Transportation and Building High-Rise Buildings
- Uncertainty in the Global Political Scenario
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The global glass fiber reinforced gypsum market is segmented based on, type, application, end-user and geographical segments.
- Based on type, the market is segmented into type x, type c, and others
- Based on Application, the market is segmented into interior, exterior and others. The interior is sub segmented into wall, ceiling & floor, column & light cover and the exterior segment is sub segmented into Wall and Cladding
- Based on End User, the market is segmented into non-residential, residential and others. The non-residential is further segmented into institutions, hospitals, offices, airports, others
- Based on geography, the market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
The global glass fiber reinforced gypsum market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of glass fiber reinforced gypsum market for global, Europe, North America, Asia Pacific and South America.
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